CADJPY is approaching its support at 83.63 (50% & 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 84.06 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 3.6% where a corresponding bounce could occur.
CADCHF is approaching its support at 0.7542 (61.8% & 100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7579 (50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 2.6% where a corresponding bounce could occur.
Dow Jones Industrial Average:
Kicking things off from the top this morning, Monday observed weekly action cross swords with Quasimodo resistance at 26182, which could potentially hamper upside in this market.
Further adding to the above, we can also see daily flow connecting with the underside of supply coming in at 26536-26200. It may also be of interest to...
USDCHF is approaching its support at 0.9980 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal swing low support) where it may bounce up to its resistance at 1.0024 (32.8% Fibonacci retracement, Horizontal overlap resistance).
Stochastic (34, 5, 3) is approaching its support at 3.6% where a corresponding reversal may occur.
CADCHF is approaching its resistance at 0.7618 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it may reverse down to its support at 0.7584 (61.8% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
NZDJPY is approaching its resistance at 76.31 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap resistance) where it may reverse down to its support at 75.14 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal may occur.
AUDCAD is approaching its resistance at 0.9424 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it may reverse down to its support at 0.9394 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 93% where a corresponding reversal may occur.
EUR/USD:
Weekly gain/loss: +0.35%
Weekly close: 1.1330
Weekly perspective:
Since October 2018, the buyers and sellers have been battling for position between a long-standing support/resistance at 1.1465 and a notable demand area coming in at 1.1119-1.1295. As is evident from the chart, the week concluded responding from the lower edge of this consolidation;...
EURAUD is approaching its support at 1.5911 (100% & 61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1.6016 (horizontal swing high resistance).
Stochastic (21, 5, 3) is approaching its support at 3.4% where a corresponding bounce could occur.
EURCAD is approaching its resistance at 1.5024 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it could reverse down to its support at 1.4978 (50% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
AUDUSD is approaching its support at 0.7067 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7133 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching its support at 1.9% where a corresponding bounce could occur.
USDCHF is approaching its resistance at 1.0026 (61.8% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal pullback resistance) where it is could reverse down to its support at 0.9995 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
CADCHF is approaching its resistance at 0.7617 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, Horizontal swing high resistance) where it may reverse down to its support at 0.7582 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal...
EURNZD is approaching its resistance at 1.6572 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.6470 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a...
NZDUSD is approaching its support at 0.6808 (100% Fibonacci extension , 50% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 0.6850 (horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching its support at 0.96% where a corresponding bounce could occur.
EURGBP bounced nicely off its support at 0.8669 (100% Fibonacci extension, 76.4% & 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.8734 (38.2% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is bounced off its support at 1.5% where a corresponding rise could occur.
AUDJPY is approaching its resistance at 79.79 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 78.53 (50% fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 90% where a corresponding reversal is expected.
USDCAD is approaching its support at 1.3170 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1.3223 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 0.38% where a corresponding bounce could occur.
